Time to sell Nvidea? Meta and Google announce they'll make their own "in-house AI chips"

More nonsense from the idiots at Fortune. The companies mentioned have more than God but don't have the knowledge.

The only company even close to nVidia's technology is AMD and they are like 3 years away from competing. AMD has virtually caught up with nVidia in high end gaming GPUs. Their 7900XTX GPU is just a little below the RTX 4090 but it took them 3 GPU cycles to do that (about 4 years).
 
I already made money short NVDA after the last earnings call but the time to short them was then near the all time high when the price went up 2% in the after market from the latest of late retail punters FOMO.

I tried to get long again at $840 but missed out.

The real issue NVDA has is it is hard to grow 2 trillion at this pace. The CUDA monopoly is not going to be so easy to break though.

I don't see any trade at $906. If I was long at $840 that would have been to hold to take a shot at the next all time high. Shorting here makes no sense at all.
 
As a muppet in the world of chips, I can still see that NVidia is the king of the world, with a lot of help from their friend TSMC.

AMD is probably #2, but somehow doesn't get the same love.

Intel is so uncompetitive it reminds me of Ford and GM facing Tesla in the EV race.

Talking about Tesla, they have their Dojo chip meant to compete with Nvidia, but as of today, Musk is still buying NVidia cards. His head of dev left Tesla recently and it isn't clear that Dojo will ever be a valid alternative. Also, to be price competitive they need to scale up and for that they need customers other than Tesla.
Meta, Google and whoever else have a high mountain to climb...
 
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It is still on the uptrend even the blind can see.


Wait for it to be on the downtrend;
after the shoulder head shoulder formation,
after breaking the rising trendline, or
highs getting lower and lower or ...
 
schizo said:
Nvidea is overvalued because of its sheer monopoly potential, or so people once thought. Now that you have other contenders, albeit less talented than Nvidea, the future doesn't look so rosy for Nvidea.
More...
%%
ROSY?? OK;
what color rose do you mean, so many colors LOL:D:D
barchart.com has NVDA as a ''hold'' for trend seeker , but i seldom use that ''trend seeker ''
Monthly candle sell ...
 
How about the likes of Samsung? I think they're large and sophisticated enough to chip away at Nvidea's dominance. I also heard that Nvidea was actually using Samsung's memory chip, not to mention that META recently sent a love call to Samsung

NVDA down more than 3.2% as I write.
 
A company is more than their product. Nvidia is having high trusting factor. The management is excellent, their development is excellent, their whole structure is excellent. So even when a competitor would make exactly the same product, it could take years to become as trust worthy or excellent as Nvidia. It is normal that other companies with a lot of cash are looking for alternatives, but that doesn't mean that they will be successful. It is never always just the product.
 
schizo said:
How about the likes of Samsung? I think they're large and sophisticated enough to chip away at Nvidea's dominance. I also heard that Nvidea was actually using Samsung's memory chip, not to mention that META recently sent a love call to Samsung

NVDA down more than 3.2% as I write.
More...

Samsung are making the GROK ai chip, not grok.ai, at their to be completed 4nm fab in Austin for a customer. The GROK chip is already the fastest ai chip at 14 nm.
 
PE of 74 is too rich for me.

Does anyone really think their earnings are going to more than quadruple? That's what it would take to earn better than the risk free return of a 1 month Treasury.

Tech stock prices are getting out of control.
 
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